Research

Publication

Beliefs and the Net Worth Trap (with Goutham Gopalakrishna and Theofanis Papamichalis)

The Spatial Transmission of U.S. Banking Panics: Evidence from 1870-1929 (with Marc Dordal i Carreras)

  • Draft, Slides, SSRN
  • Forthcoming at Oxford Bulletin of Economics and Statistics

Research Papers

Higher-Order Forward Guidance (with Marc Dordal i Carreras)

Firm Wage Setting and On-the-Job Search Limit Wage-Price Spirals (with Justin Bloesch and Jake Weber)

Yield-Curve Control Policy under Inelastic Financial Markets (with Marc Dordal i Carreras)

Self-fulfilling Volatility and a New Monetary Policy (Job Market Paper) (with Marc Dordal i Carreras) - substantially revised

  • Draft, Slides, SSRN
  • Revise and Resubmit at Journal of the European Economic Association

Endogenous Firm Entry and the Monetary Policy ‘Room’ (with Marc Dordal i Carreras and Zhenghua Qi)

  • Draft, SSRN (Submitted)
  • Reject and Resubmit at European Economic Review

Managerial Incentives, Financial Innovation, and Risk-Management Policies (with Son Ku Kim and Sheridan Titman)

A Proxy-Contract Based Approach to the First-Order Approach in Agency Models (with Jin Yong Jung and Son Ku Kim)

Ignorance is Bliss: Ex-Ante vs. Ex-Post Information Systems in an Agency Model (with Jin Yong Jung and Son Ku Kim)

Work in Progress

U.S. War Procurement & the Korean Export Miracle (with Philipp Barteska, Oliver Kim, and Nathan Lane)

Sentiments and Intermediary Asset Pricing (with Goutham Gopalakrishna and Yulong Peng)

Re-estimating r-star with rp-star (with Marc Dordal i Carreras and Runhuan Wang)

Risky Growth with Short-Term Debt (with Artur Doshchyn)